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ABC
Dec 31, 2012 6:00pm PST
? >> i just heard nancy pelosi and hairy re day. agreed to sign off on this deal. the senate could vote on it tonight. as reported earlier, house republicans sent everyone home for the day. testimony, if congress accepts this deal, being put together tonight, congress could claw back up the cliff. >> just hours before midnight deadline, president obama gathered supporters to announce a deal was within site. >> our immediate priority is middle class families starting tomorrow. i think that is a modest goal that we can accomplish. >> the vice president and senate republican leader leading negotiations, but phone shall deal is expected to increase estate tax from 35ses today 40%. extend unemployment benefits, and bring back higher clinton era tax rates on households making more than $450,000 a year, that $450,000 fresh hold is a major concession. tom harkin threatened to pull support. >> the deal must be one that favors the middle class and he cautioned rinz against taking a spending cuts only approach. >> if they think that is going to be the formula they've got another thing coming. >> s
ABC
Dec 28, 2012 6:00pm PST
face 21 million in cuss cuts. after today's meeting, nancy pelosi said she was encouraged a little it was constructive. and candor is constructive. and... i think it moved us. >> republicans blame the president for the collapse of a bigger deal which would have cut spending and reduced debt. >> it's the president's response dwroiblt layout a plan and to bring people together. >> larry reid agreed to spend the weekend working on a plan. >> i'm looking at impact of the spending cuts that -- from that study. when you start to get into specifics today when we call health centers today or public health department to ask about how the cuts would affect san francisco and the bay area, nobody knows yet. because the budgets have not been formalized. they're waiting to hear which programs will be cut, which will be spared. >> they're waiting for congress. >> thank you. >> the stock market taking lack prof gres badly this, oñ performance over the last five trading. >> the nasdaq down 25 points for the day. s and p off by 15. >> if you're on long term unemploymentik-(é you're really going fall
Search Results 0 to 1 of about 2